Bolka Corporation, a merchandising company, reported the following results for October: Sales$4,096,400Cost of goods sold (all variable)$2,194,500Total variable selling expense$238,700Total fixed selling expense$144,700Total variable administrative expense$238,700Total fixed administrative expense$282,900 The contribution margin for October is:
A. $996,900
B. $1,424,500
C. $1,901,900
D. $3,191,400
Answer: B
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Which of the following is not linked to the cost driver of international business activity?
A. A company that moves its manufacturing operations to another country that offers an export processing zone that has no taxation for products that are processed and re-exported. B. A company that goes abroad through exporting to enhance production economies of scale. C. A company that goes abroad through exporting to spread R&D costs across a larger number of units of goods sold. D. An accounting company that moves some of its tax preparation work from the United States to India to utilize workers who have English language skill but a lower salary range. This establishes foreign operations in markets where their principal accounts are located. E. A manufacturing company that follows its customers to foreign markets to be able to supply them.
Which of the following is a correct use of a superlative?
a. She is the newest of the two workers. b. Charles is the better writer of the two-member team. c. She is the fastest of the three workers. d. Jill is the better student in the freshman class.
Employer migration is a dynamic process leading to constant change. What stimulates the constant change?
a. International legislation changes may have the impact of making a location more or less business friendly b. The role of the labor cost shifts the overall business equation c. When companies change product offerings they may relocate the different areas to reach different customer markets d. Corporate boards frequently decide to change the companies investment profile and that drives which geopolitical risk they are willing to accept
In order to determine whether or not there is a significant difference between the mean hourly wages paid by two companies (of the same industry), the following data have been accumulated. Company A Company B Sample size80 65 Sample mean$16.75 $16.25 Population standard deviation$1.00 $.95 ? A point estimate for the difference between the two population means is
A. 20. B. .50. C. .25. D. 1.00.